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Blackstone Bank USA purchased a 1 6 million one - year euro loan that pays 1 3 . 8 2 percent interest annually. The spot
Blackstone Bank USA purchased a million oneyear euro loan that pays percent interest annually.
The spot rate of US dollars per euro is
Blackstone Bank has funded this loan by accepting a British pounddenominated deposit for the equivalent amount and maturity at an annual rate of percent.
The current spot rate of US dollars per British pound is
In percentage term, what is the net return on the loan ie the asset
Round your answer to the nearest decimal places. For example, if your answer is then you should enter in the box below. No need to include the sign.
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